BTC is on a successful run after a tumultuous few weeks, during which the token experienced a severe crash. However, the bad times might not be over. Experts believe that the expectations regarding the token have surged so much that the token might be on a crashing trajectory.
This is not something we are spitting out without verified facts. Santiment analyst Brian Quinlivan told Cointelegraph that market expectations anticipate another bullish run. Historically, it is often observed that market expectations and market movements are not always in sync.
Therefore, the ecosystem may not be ready for another price relay. According to Quinlivan, “seeing an anticipation for Bitcoin’s next ‘all-time high’ across social media. Since markets move the opposite direction of retail’s expectations, this usually is a sign that we aren’t quite ready for another bullish surge yet.”
One point that Quinlivan pointed out is that things can lead to some frustration. As a result, a significant portion of the population may turn towards ETH. Therefore, ETH may experience a surge in activity if BTC fails to meet investor expectations.
This can be a mix of good and bad. BTC movement is usually associated with general market movement. Therefore, if BTC undergoes a crash, things could be quite dire for the market as a whole.